CMAT Innovation and Entrepreneurship questions are easy. Basic knowledge of business studies and entrepreneurship will be enough to crack this section of CMAT 2026. Know all about CMAT Innovation and Entrepreneurship section. Also get sample questions for practice.
CMAT preparation tips for Innovation and Entrepreneurship section
Innovation and Entrepreneurship of CMAT is a high scoring section but you will need to be thorough with the basics. It is a unique section but not tough to crack. This section is a lot like Business Studies subject of Commerce stream. For preparation, CMAT Innovation and Entrepreneurship book and PDF material will be enough along with and past five years' CMAT question papers.
In the exam, pick this section after English, Quant and DILR. CMAT Innovation and Entrepreneurship questions are straightforward and easy and you will not take much time in addressing them. CMAT 2026 exam is scheduled to be held on January 2025, so in these last few days, practice as many questions as you can.
- CMAT 2026: Innovation and Entrepreneurship Preparation
- Difference Between Entrepreneurship vs Business
- Who is an Entrepreneur?
- What is Entrepreneurship?
- Types of Entrepreneurship
- Characteristics of an Entrepreneur
- CMAT Innovation and Entrepreneurship Syllabus
- CMAT Innovation and Entrepreneurship Books
- CMAT Innovation and Entrepreneurship questions for practice
CMAT 2026: Innovation and Entrepreneurship Preparation
To prepare for the CMAT Innovation and Entrepreneurship section, first understand the key elements of this subject. Check below a few key points:
Understanding CMAT Innovation and Entrepreneurship Pattern and Syllabus
Syllabus of Innovation and Entrepreneurship CMAT section includes topics related to business. You should focus on the following topics:
- Basics of Entrepreneurship
- Types of Entrepreneurs
- Business Idea Generation
- Startup and Unicorns
- Startup Ideas and launch
- Business Models & Plan
- Intellectual Property Rights (IPR)
- Innovation Management
- Government Schemes & Policies for Entrepreneurship
- Famous Entrepreneurs
Study Routine for Innovation and Entrepreneurship CMAT
Innovation and Entrepreneurship is an easy subject. One doesn't require a lot of time to prepare for it. You can dedicate 2 hours daily to this section in the last month of CMAT 2026 preparation. It will be enough. Here's what you need to do:
- Read and understand the topics
- Watch videos and understand key business terms and jargons
- Practice sample questions and test series
- Memorise important events and defiinitions
What is Innovation and Entrepreneurship in CMAT?
Innovation and Entrepreneurship section of CMAT 2026, section is basically all about business knowledge. Study of this subject involves understanding types of businesses, market, supply, innovation, managing resources, generating revenue, etc. To crack this section candidates need to know the following:
- Concepts of innovation and business
- Innovation of the life cycle
- Entrepreneurship and start ups
- Entrepreneurial development
- Strategies of starting a venture
- Types of start ups
- Entrepreneurship and government policies
Commonly asked questions
Questions in MAT are asked from verbal ability, reading comprehension, arithmetic, algebra, geometry, arrangement, coding decoding, graphs and tables, family tree, blood relation, clocks and calendars, time, speed and distance, statements, etc.
CMAT has five sections.
Given below is the sectional break up of CMAT exam:
- Quantitative Techniques & Data Interpretation: 20 questions of 4 marks each
- Logical Reasoning: 20 questions of 4 marks each
- Language Comprehension: 20 questions of 4 marks each
- General Awareness: 20 questions of 4 marks each
- Innovation & Entrepreneurship: 20 questions of 4 marks each.
Latest CMAT exam pattern is given below:
- Question paper carries 100 MCQs
- Each section has 20 question
- Exam duration is 180 minutes
- Each question carries 4 marks
- There is no negative marking
Difference Between Entrepreneurship vs Business
Check below key differences between Business and Entreprenuership. This is critical to understanding the Innovation and Entrepreneurship CMAT:
| Entrepreneurship |
Business |
|---|---|
| Unique idea |
Existing idea |
| Creates a new market |
Creates a space in existing market |
| Low competition |
High competition |
| High risk |
Comparatively low risk |
| Market leader |
Market player |
| revolutionary |
traditionalist |
Who is an Entrepreneur?
An entrepreneur is someone who has the ability and desire to establish, operate and succeed in a startup venture along with risk entitled to it, to make profits. The entrepreneurs are considered innovators or the source of new ideas who revolutionise the market by replacing the old with their new invention.
Commonly asked questions
Sectional weightage of CMAT is same. Since the Language Comprehension section of CMAT includes reading comprehension passages, it can be considered a lengthy section. However, any other section can also be lengthier due to nature of the questions.
Yes, there is a negative marking in CMAT exam. For each wrong answer, 1 mark will be deducted. However, no marks will be deducted for unanswered questions.
If you have appeared for CMAT before then you can prepare for another attempt only with mock tests as you would be already thorough with the syllabus and topics. You would also know your strengths and weakness. So, with CMAT mock tests, you will be able to revise and prepare accordingly. However, if you haven't appeared for CMAT or any national level MBA entrance exam before, you will need to cover the syllabus and then practice mock tests. In both scenarios, GK section will have to be prepared through year books. Only mock tests will not be helpful for CMAT GK.
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What is Entrepreneurship?
Entrepreneurship can be defined as the ability and efforts to develop, organize and run a business enterprise in order to make a profit. The entrepreneur has to be aware of risks involved and have the willingness to take those risks.
Types of Entrepreneurship
- Small Business Entrepreneurship: This is referred to as those businesses, which are set up by individuals for self-sustenance and self-employment such as grocery store, non-essential and essential items shops, tailoring, salon, consultancy, ticketing & travel agency, etc. This type of business doesn’t require capital from the market.
- Scalable Startup Entrepreneurship: A business started with a new idea aiming to grow into a profitable company can be defined as a Scalable Startup. This type of business model requires external capital for expansion. The most famous examples of scalable startups are Facebook, Skype, and Twitter.
- Large company Entrepreneurship: This type of entrepreneurship refers to new businesses established within the existing business with the aim of becoming the market leader in the said field. It includes huge investments, solid infrastructure and innovative products to beat competition.
- Social Entrepreneurship: As the term suggests, this type of entrepreneurship refers to the business set for catering to social needs and contributing to welfare of vulnerable sections of the society. The sole aim of Social Entrepreneurship is not profit.
Characteristics of an Entrepreneur
An entrepreneur is not a professional. An entrepreneur is a someone who is a leader, who is a visionary, who is a risk taker and who has the drive to convert an idea in to reality. Some of the key characteristics of an entrepreneur are given below:
- Risk taker
- Innovative
- Visionary
- Leadership qualities
- Flexibility
- Knowledge
CMAT Innovation and Entrepreneurship Syllabus
Given below is are the topics included in the syllabus of Innovation and Entrepreneur section of CMAT exam 2026. Candidates must go through these topics in detail:
- Concepts of Entrepreneurship
- Overview of Entrepreneurship
- Evolution of Entrepreneurship in India
- Role of Entrepreneurship in Economic Development
- Theories and Models of Entrepreneurship
- Framework of Entrepreneurship Theories
- Models of Entrepreneurship
- Emerging Models of Corporate Entrepreneurship
- Dimensions of Entrepreneurship
- Entrepreneurial Society
- Entrepreneurial Culture
- Rural Entrepreneurship
- Women Entrepreneurship
- Emerging Trends in Social Entrepreneurship
- Principles of Business Organisation
- Motivation, Communication and Leadership
CMAT Innovation and Entrepreneurship Books
Apart from previous years' CMAT question papers, refer to the following recommended books for CMAT Innovation and Entrepreneurship:
- Innovation & Entrepreneurship by Peter F. Drucker
- Entrepreneurship & Innovation Management by R Gopal
- Entrepreneurship by Robert D. Hisrich
Also Read:
| CMAT exam pattern 2026 | CMAT syllabus 2026 | CMAT 2026 preparation strategy |
In CMAT, the questions in Innovation and Entrepreneurship section will be based on these concepts. The questions will be in MCQ format and candidates will be required to select the right or closest option. Check out below some of the Innovation and Entrepreneurship questions from CMAT 2021 question paper.
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CMAT Innovation and Entrepreneurship questions for practice
Q: What is the title of the Authorised Biography of JRD TATA?
A: My Times: An Autobiography
B: Beyond the Last Blue Mountain
C: Ace Against Odds
D: Wings of Fire
Q: The process of gathering information about market or socio-economic trends is called:
A: Need for achievement
B: Tenacity
C: Neuroticism
D: Environmental Scanning
Q: India’s first live Payments Bank was launched by:
A: Aditya Birla Idea
B: Cholamandalam
C: Bharti Airtel
D: Paytm
Q: Which city is ranked as one of the world’s five fastest growing startup cities?
A: Cochin
B: Ahmedabad
C: Bangalore
D: Nagpur
Q: A business where an individual is both the owner and conductor of the business affairs is called:
A: Proprietorship Firms
B: Partnership Firms
C: Private Limited Company
D: None of the above
Q: Which of the following is not one of the traits of an entrepreneur?
A: Opportunity Exploration
B: Perseverance
C: External locus of control
D: Risk Taking
Q: Venture Capital Financing is _____
A: Type of financing by venture capital.
B: It is private equity capital provided as seed funding to early stage
C: Investment in blue chip companies for assured return
D: It is a high risk investment made with an intention of creating high returns
E: Done in technology products only
Q: Statement I: Cost Benefit Analysis (CBA) measures a project’s societal effects and does cost and benefits comparable in monetary terms.
Statement II: CBA is most widely applied tool for the appraisal of transport project.
In the light of above statements, choose the correct answer from the options given below:
A: Both statement I and statement II are true
B: Both statement I and statement II are false
C: Statement I is true but Statement II is false
D: Statement I is false but Statement II is true
Q: Which of the following funding sources is specifically aimed at helping early-stage start-up?
A: Series funding
B: Angel investment
C: Corporate bonds
D: Initial Public Offering (IPO)
The section will also have passage based questions.
CMAT Previous Year's Question Papers for Practice
| Download CMAT question papers of previous years' for practice |
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Student Forum
Anything you would want to ask experts?Answered a week ago
Three months may not be enough for CMAT preparation, if you're doing it from scratch. However, if you are preparing for CAT, XAT, NMAT, you can prepare for CMAT in 3 months as you have clear understanding of the syllabus already and you will need exam specific practice only.
A
Contributor-Level 7
Answered a week ago
No, candidates are not required to appear in CMAT to be eligible for BTech in CSE + MBA integated course at UIT, Karnavati University. For this course, candidates are required to appear in either JEE Mains or GUJCET to qualify for admissions.
S
Contributor-Level 10
Answered 2 weeks ago
If you have appeared for CMAT before and have complete conceptual clarity of topics, you can prepare for CMAT with mock test practice only.
A
Contributor-Level 7
Answered 2 weeks ago
For CMAT English preparation, candidates can refer to High School English Grammar by Wren and Martin and Word Power Made Easy by Norman Lewis. These two will help in building grammar and vocabulary.
M
Contributor-Level 7
Answered 2 weeks ago
Manorama Year Book, Lucent's General Knowledge will be a good source to prepare static GK for CMAT. Apart from that, you should refer Pratiyogita Darpan and GK Today for current affairs.
A
Contributor-Level 7
Answered 2 weeks ago
For CMAT English preparation, candidates can refer to High School English Grammar by Wren and Martin and Word Power Made Easy by Norman Lewis. These two will help in building grammar and vocabulary.
P
Contributor-Level 7
Answered 3 weeks ago
Yes, you should carry a passport size photo along with the CMAT admit card on the exam day. The photo should preferably be the same as uploaded in the application form.
A
Contributor-Level 7
Answered 3 weeks ago
CMAT 2027 admit card will not be release offline. Candidates will have to download it from the CMAT-NTA website only after logging into their account.
P
Contributor-Level 7
Answered 3 weeks ago
Although reporting time is mentioned on every candidate's CMAT admit card, they should reach at least an hour before the exam starting time.
Contributor-Level 10
Answered 3 weeks ago
No, the digital copy of CMAT 2027 admit card will not be acceptable at the test centre. Candidates will have to carry 2 hard copies of the hall ticket on the exam day.
N
Contributor-Level 7
Vipra Shrivastava is MA in English Literature from Delhi University with extensive experience in content writing of over 14 years. She has been handling content for Management, Accounting and Commerce streams for 8
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